MOERMAN HOUTCREATIES
ActiveThe computed 12-month bankruptcy probability of MOERMAN HOUTCREATIES is 2.1% (moderate). The 2025 annual accounts show equity of €53k and a net result of €8k. Equity is shrinking by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 71% of 27711 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▲+16
Solvency92▼-8
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 2.68 against 13.37 in 2024; short-term debt: 33.5% and cash: 53.5% of total assets), and 33.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
66.5%
Return on assets
10.4%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filingsDeviation from the deadline
2025
6 d late
2024
35 d early
2023
8 d early
2022
27 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€53k▼ 49.4%
2024 · €105k
2022: €75k
2023: €107k
2024: €105k
2022 → 2025
Total assets
€80k▼ 28.8%
2024 · €112k
2022: €88k
2023: €126k
2024: €112k
2022 → 2025
Net result
€8k
2024 · €-2k
2022: €73k
2023: €32k
2024: €-2k
2022 → 2025
Working capital
€45k▼ 50.1%
2024 · €90k
2022: €52k
2023: €87k
2024: €90k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€75k-€107k▲ 42.6%€105k▼ 2.1%€53k▼ 49.4%
Operating result€92k-€41k▼ 55.6%€-4k€11k
Net result€73k-€32k▼ 56.3%€-2k€8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €11k after a loss of €4k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €80k
Fixed assets
€8k▼ 44.8%
Current assets
€72k▼ 26.3%
Equity and liabilities €80k
Equity
€53k▼ 49.4%
Debt
€27k▲ 268%
The debt ratio rises from 6.5% to 33.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€18k▲
2024 · €3k
Cash flow
€15k▲
2024 · €5k
Solvency
66.5%▼
2024 · 93.5%
Current ratio
2.68▼
2024 · 13.37
Quick ratio
2.23▼
2024 · 11.65
Debt / equity
0.50▲
2024 · 0.07
ROE
15.7%▲
2024 · -2.2%
ROA
10.4%▲
2024 · -2.0%
Interest coverage
110.46▲
2024 · 7.24
Debt
€27k▲
2024 · €7k
Debt ≤ 1 year
€27k▲
2024 · €7k
Income taxes
€4k▲
2024 · €944
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€112k€80k▼
Fixed assets21/28€15k€8k▼
Tangible fixed assets22/27€15k€8k▼
Plant, machinery and equipment23€7k€3k▼
Furniture and vehicles24€8k€5k▼
Current assets29/58€97k€72k▼
Stocks and contracts in progress3€13k€12k▼
Stocks30/36€7k€12k▲
Contracts in progress37€6k-
Amounts receivable within one year40/41€74k€17k▼
Trade receivables40€30k€11k▼
Other amounts receivable41€43k€6k▼
Cash at bank and in hand54/58€11k€43k▲
Deferred charges and accrued income490/1€317-
Equity and liabilities
Total equity and liabilities10/49€112k€80k▼
Equity10/15€105k€53k▼
Contributions10/11€2k€2k=
Reserves13€105k€45k▼
Distributable reserves133€105k€45k▼
Profit (loss) carried forward14€-2k€6k▲
Amounts payable17/49€7k€27k▲
Amounts payable within one year42/48€7k€27k▲
Trade debts44€5k€2k▼
Suppliers440/4€5k€2k▼
Taxes, remuneration and social security45€3k€3k▲
Taxes450/3€3k€3k▲
Other amounts payable47/48-€22k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▼
Other operating charges640/8€724€730▲
Gross operating margin9900€4k€19k▲
Operating profit (loss)9901€-4k€11k▲
Financial income75/76B€3k€714▼
Recurring financial income75€3k€714▼
Financial charges65/66B€397€167▼
Recurring financial charges65€397€167▼
Profit (loss) for the period before taxes9903€-1k€12k▲
Income taxes67/77€944€4k▲
Profit (loss) for the period9904€-2k€8k▲
Profit (loss) for the period to be appropriated9905€-2k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€6k▲
Profit (loss) brought forward from the previous period14P€16€-2k▼
Transfer from equity791/2-€60k
Profit to be distributed694/7-€60k
Return on contributions (dividend)694-€60k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-2k ▼107%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 13.37
Current ratio from 5.62 to 13.37; short-term debt falls from €19k to €7k.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €107k ▲42.6%
2 profitable years in a row build equity to €107k.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zulte · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Modest Huys-laan 99870 ZulteGround area
654 m²
Building footprint
185 m²
Volume, LiDAR
854 m³
Parcel 44081B0611/00T010, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MOERMAN HOUTCREATIES
since 20212.324.825.130
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44081B0611/00T010 | Flanders | 654 m² | 1 · 185 m² | 7.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 7,446 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-12-2021
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
16230Manufacture of other builders' carpentry and joinery
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.